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Algeria-Russia: To develop new sources of hydrocarbons

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The group Sonatrach (Algeria), Rosneft and Stroytransgaz (Russia) has been authorized to develop new sources of hydrocarbons in Algeria by the Algerian oil recovery (Alnaft), Sonatrach announced Wednesday.

  •     The group obtained the agreement of Alnaft for development plans of two oilfields and a gas field located in the basin of Illizi (extreme south-east), Sonatrach said in a statement.

        Work on developing the fields discovered between 2003 and 2006 would be launched between 2009 and 2012, Sonatrach said.

    Ennaharonline/ M. O.
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